equinet set a €59.80 ($73.83) price objective on Brenntag (FRA:BNR) in a research report sent to investors on Wednesday, March 14th. The brokerage currently has a buy rating on the stock.
Other research analysts have also recently issued reports about the stock. HSBC set a €60.00 ($74.07) price objective on shares of Brenntag and gave the company a buy rating in a report on Wednesday, November 22nd. Kepler Capital Markets set a €57.00 ($70.37) price objective on shares of Brenntag and gave the company a buy rating in a report on Tuesday, November 28th. Deutsche Bank set a €57.50 ($70.99) target price on shares of Brenntag and gave the company a buy rating in a report on Tuesday, December 19th. JPMorgan Chase set a €56.47 ($69.72) target price on shares of Brenntag and gave the company a buy rating in a report on Monday, December 18th. Finally, Baader Bank set a €62.00 ($76.54) target price on shares of Brenntag and gave the company a buy rating in a report on Monday, December 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of €57.71 ($71.25).
Shares of BNR traded down €0.12 ($0.15) during mid-day trading on Wednesday, hitting €48.11 ($59.40). 163,223 shares of the company traded hands. Brenntag has a 1 year low of €43.06 ($53.16) and a 1 year high of €56.25 ($69.44).
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Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.
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